Answer: the future value is $3788.75
Step-by-step explanation:
The formula for determining simple interest is expressed as
I = PRT/100
Where
I represents interest paid on the amount invested.
P represents the principal or amount invested.
R represents interest rate
T represents the duration of the investment in years.
From the information given,
P = 3500
R = 5.5
T = 18 months = 18/12 = 1.5 years
I = (3500 × 5.5 × 1.5)/100 = 28875/100
I = 288.75
the future value would be
3500 + 288.75 = $3788.75
Store should sell about 31 bicycle for average price of $135 each bicycle.
Step-by-step explanation:
- To find bike we need Algebra to solve the equation.
- when x = 1 , Y = 135 *x
- When x 2 , Y = 135 *2
- Formula you could apply to go for break even y = 135*x
- Bicycle store pays about $4200
- Algebra used for every business and working to make easy task.
- It takes about 31 bicycle a month to get into break even.
- Every store needs break even to not incur lost.
- Break even point is equilibrium between income and expenses.
Here is u answer -5a4b<span>8</span>
Answer:
y=b+x/4
Step-by-step explanation:
4(y-b)=x
y-b=x/4
y=b+x/4
Answer:
655.36^3, or 281474976.711
Step-by-step explanation:
4 to the power of seven equals 16384.
5 to the power of two equals 25.
